Thursday, November 23rd, 2017
China Pakistan Economic Corridor posing a regional threat, says Baloch activist
GENEVA, NOV 23 (DNA) – The multi-billion dollar China Pakistan Economic Corridor (CPEC) not only poses a threat to any community, but to the entire region, says Ali Akbar Mengal, a Baloch activist. Beijing believes this economic corridor is important link to its larger Silk Road Initiative to enhance economic cooperation between Asia and Europe. However, in Pakistan’s Balochistan province the locals are opposing the project by calling it a strategy to exploit the resources and destroy the ethnic culture. Balochistan is the home to the deep water port ofRead More
Pakistan searches for new finance minister after Dar relieved of duties
KARACHI, NOV 23 (DNA) – Government on Thursday began searching for a new finance minister a day after Ishaq Dar was relieved of his portfolio amid mounting headwinds for the economy. The departure of Dar, widely credited with navigating Pakistan out of a 2013 balance of payments crisis, comes as the country is seeking to raise in excess of $1 billion on debt markets through a sukuk and a Eurobond in coming months. The country is battling to stave off balance of payments pressures due to dwindling foreign currency reservesRead More
Switzerland denies asylum to Brahumdagh Bugti
GENEVA, NOV 23 (DNA) – Brahumdagh Bugti, the leader of the Baloch Republican Party (BRP) who is currently in exile in Geneva, has been denied political asylum by the Swiss authorities. He has been campaigning against Pakistan ever since. The decision was communicated to Bugti by his lawyer Carlo Sommaruga on Wednesday. The 34-year-old also applied for asylum to India last year after becoming frustrated by the slow Swiss response and the resulting travel restrictions that prevented him from leaving the country. Asked for comment, the State Secretariat for MigrationRead More
COAS assures Army’s full support for success of ‘Khush Hal Balochistan’
QUETTA, (DNA) – General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited Headquarters Southern Command in Quetta in connection with execution of ‘Khush Hal Balochistan’ (KHB) initiative. COAS and CM Balochistan were briefed in details about socio-economic and security environment and plan for execution of KHB. Provincial administration and military commanders were also present. Plan was discussed in details. “Few aspects required further deliberation at staff level which will be finalized accordingly in next few days. All aspects in security domain were approved by the COAS. Details of completeRead More
Korean holding to construct cement plant in Uzbekistan
TASHKENT, NOV 23 (DNA) – South Korean company Evergreen Holdings plans to build a cement plant in Karakalpakstan, Uzbekistan. A relevant agreement was signed in Seoul between the representatives of “Uzkurilishmaterialary” and the Korean company Nov.22. The total cost of the project exceeds $ 300 million. Evergreen Holdings intends to implement it in several stages based on the demand in Uzbekistan and neighboring countries. At the first stage, investors are ready to invest in the construction of the plant at least $ 60 million. Currently, five large cement plants oiperateRead More
Traditional Uzbek costumes showcased at a fashion show By A.M.Bhatti
ISLAMABAD, NOV 23 (DNA) – Embassy of Uzbekistan in collaboration with Iqra University hosted a grand fashion show in order to show case various traditional Uzbek costumes. The show, which was largely attended by members of civil society, media and diplomatic corps, provided the guests with an opportunity of getting them acquainted with the marvelous Uzbek costumes. Ambassador of Uzbekistan Furqat Sidqov in his brief remarks termed the event historic and landmark as it was happening for the first time that Uzbek costumes were exhibited in front of a largeRead More